It is not unusual for the new year to start bullish. Just a fresh dose of optimism comes with flipping the calendar.
Those good vibes are over!
Now more investors are coming back around to the bearish premise that never really went away. Add in a dose of concerns about the health of the financial industry and we finally broke below the 200 day moving average with odds of much more downside on the way.
I am here to make sense of it all in this week’s market commentary…
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